2015 KPMA Annual Report

2015 • Annual Report • KPMA • 1

K E N T U C K Y PETROLEUM MARKETERS ASSOCIATION

2015 ANNUAL REPORT

2 • KPMA • Annual Report • 2015


2015 KPMA Annual ReportTable of Contents

See also:

Leadership Review - pg. 4

2015 KPMA Leadership - pg. 11

2015 KPMA Members - pg. 12, 13

Additional 2015 Events of Note - pg. 14, 15

NORA & Bioheat 2015 - pg. 16

Steady Growth - pg. 17

Thank you to our 2015 Sponsors - pg. 18

The mission of the Kentucky Petroleum Marketers Association is to sustain and enrich relationships among members and with legislative/regulatory entities, to advance the industry and to enhance the consumer experience.

Government Affairs Committee - pg. 5The KPMA stayed busy in 2015 with state and national legislative and government affairs. The development of the KPM PAC and KPMA members participation in the PMAA Day on the Hill were top priorities.

Regulatory & Technical Advisory Committee (RTAC) - pg. 6The RTAC has found a strong and valuable foothold in the KPMA. Fuel School, discussions on Fire Marshal permitting and the 2nd Annual Tank & Technical Conference were just a few activities that committee members dedicated their time to.

Marketing Committee - pg. 72015 ushered in many new changes for the KPMA led by the Marketing Committee. The introduction of new marketing materials, events, and support continues to advance the association.

Finance Committee - pg. 8One of the major initiatives over the course of 2015 for the Finance Committee was a restructuring of the KPMA investment accounts. The strong fi nancial health of the association continues to be a source of pride for the KPMA.

2015 Audit Financials - pg. 9The Audit Committee is pleased to present the 2015 Audit Financials, prepared by Dean Dorton. The KPMA received a clean, unqualifi ed audit and ended the year with net income positive and better than budget.

Membership Committee - pg. 102015 was another SuccessFUEL year for the Membership Committee! A new recruiting campaign, “SuccessFUEL” led the charge...


Fueling KentuckyRefi ning Tomorrow

Measuring the success of a non-profi t organization can be challenging – but when we refl ect on the numerous successes we count in 2015, it’s clear to see that the Kentucky Petroleum Marketers Association has been fi ring on all cylinders and fueling our industry in more ways than one throughout the year.

The KPMA enjoyed continued membership growth in 2015 as we grew to 169 members at the close of the year. This achievement refl ects the many benefi ts of membership and the value our association brings its members, including:• Connecting with fellow members• Becoming educated on technical issues and best practices• Being informed on key issues and trends in the petroleum

industry• Having a collective voice with lawmakers on issues that

impact our businesses every day

We have much to be proud of. Each of our committees has worked diligently this year to advance our industry in key areas for continued growth. The Government Affairs Committee worked on the front lines to repeal unfavorable legislation, advocating for our industry with state and federal legislators, and – most notably – formed the KPM Political Action Committee (PAC).

Meanwhile, the Regulatory & Technical Advisory Committees focused their efforts on offering timely education and training on the latest issues regarding proper tank maintenance as well as keeping members informed on new EPA regulations.

Capitalizing on the design background of the KPMA Marketing Manager, Andrew Pulliam, the Marketing Committee generated a portfolio of innovative new digital and print material for the association. The Membership Committee launched

a SuccessFUEL new recruitment campaign and intro-duced new membership brochures emphasizing the reasons why “You Belong” to the KPMA. Identifying a need for the KPMA to target key issues relating to the operations inside c-stores in Kentucky, we launched a new committee in 2015: the Retail Committee. Finally, the Finance Committee completed its third year in a row with a clean, unqualifi ed audit and also directed an effort to reinvest the association’s capital reserves and preservation funds.

Connecting with one another continues to be one of the hallmarks of our association (and industry’s) success. Whether you dipped your toes in the sand with us in Key West at the Winter Seminar, joined us at M-PACT in Indianapolis for the midwest’s only energy and convenience industry trade show, learned with us a KPMA Fuel School or the 2nd Annual Tank & Technical Conference in Lexington, traveled with us as we visited uniquely Kentucky tourist spots on the KPMA Road Trip, or golfed with us at the Fall Outing, we hope you made meaningful connections that improved your business. If you missed one of KPMA’s signature events, be sure to mark your calendar for 2016!

It’s important to recognize the role that each of our members has played in the success of our association. We would like to take this opportunity to thank each of you for your continued support. Know that your investment in our association is deeply appreciated and that we are dedicated to providing our members with an association that brings value to your business and to our industry.

Executive Director2015 Chairman


GovernmentAffairs Committee

KPMA Supports Repeal of Training Requirements for Motor CarriersIn 2014, the General Assembly passed a measure to establish annual training requirements for large motor carriers. Such requirements would have placed a signifi cant burden on petroleum marketers as well as many other industries in the Commonwealth. The KPMA and its Government Affairs Committee (GAC) were successful in helping to repeal this law.

Creating A PACWhile the idea of creating a Political Action Committee (PAC) had been much discussed throughout recent years, in 2015, the KPMA made this a reality. Thank you to the founding contributors for the KPM PAC:

KPM PAC Member Contribution LevelBarry (PAC Chairman) & Gail Eveland ChairmanGary (PAC Treasurer) & Lisa Emmick ChairmanStephen Harper ChairmanBrent E. Clark PresidentJohn F. Clark PresidentJohn W. Clark PresidentRodney D. Clark PresidentAlex Fassas PresidentWM. J. Hall PresidentJohn L. Newcomb PresidentWilliam Newcomb PresidentBob Riley PresidentJosh Emmick Premier ClubJeffrey A Gallic Premier ClubBrian L. Newcomb Premier ClubDaniel R. Newcomb Premier ClubMichael Hardy ContributorTony Lee White Contributor

There’s Nothing Routine About LegislationOne of the primary focuses of the GAC in 2015 was centered on the term “routine maintenance” for tank

owners and operators. Differences in interpretation of this language in the law dominated much of our time in Frankfort in 2015 and will continue to be addressed in the year ahead as we work towards a positive resolu-tion for the petroleum industry.

Annual PMAA Day on the HillKPMA staff, PMAA Director Michael Smith II (Mid-west Terminal), Treasurer Michael Hardy (Hardy Oil), and Vice Chairman Tom Eveland (Rocket Oil) visited all of Kentucky’s congressional representatives in Wash-ington D.C. on May 14th. Key issues discussed includ-ed RFS Reform, Ozone Standards, and the 40 Hour Work Week.

EPA Issues Final RFS RulingThe EPA issued a fi nal rule which sets the Renewable Fuel Standard (RFS) blending mandates for years 2014, 2015 and 2016. KPMA closely monitored the status of this rule change and kept members informed on the EPA’s ruling with swift communication as possi-ble industry-altering changes were announced.

Government Affairs Committee Members Tom Eveland, Rocket Oil, ChairMichael Smith, II, Midwest Terminal, PMAA DirectorBrent Clark, John W. Clark Oil CompanyBill Dublinski, BP ProductsButch Hardy, Hardy Oil CompanySteve Harper, Harper Oil CompanyCharles Key, KeystopsJack Newcomb, Newcomb Oil CompanyJeff Lykins, Lykins EnergyLeah Taylor, Cumberland Lake Shell


Regulatory & Technical Advisory Committee (RTAC)Inspecting Regulations with the Fire MarshalMembers of the RTAC have been working through-out the year with Kentucky state fi re marshal Bill Swope and leadership from the Department of Hous-ing, Buildings and Construction to discuss licensure, permitting and other regulatory issues affecting Kentucky’s petroleum marketers. The KPMA will continue to work towards a resolution on these issues by building positive relationships with regulators and ensuring that our members’ voices are heard by key decision makers.

A First Class Education: KPMA Fuel SchoolBuilding on the success from 2014, the RTAC provid-ed KPMA members and non-members alike several opportunities throughout 2015 to sharpen their technical skills, earn Professional Development Hours (PDH), and have their questions answered from highly respected leaders on the latest issues impacting the Kentucky petroleum industry at KPMA Fuel School.

The 2nd Annual Tank & Technical ConferenceOnce again, the RTAC continued to impress us with their defi ning event, the 2nd Annual Tank & Technical Conference, held in Lexington on Nov. 4. This year, a new Tank & Technical subcommittee was formed to guide and shape the conference to better meet attendee needs. Special thanks to:

• John Austin, Modern Welding• Tom Fassas, Petro-Towery• Keith Howard, Valor Oil• Rodney Polly, KPS Services• Mark Sweet, Shield Environmental

Nearly 120 attendees learned about new Federal UST regulations from EPA speaker Linda Gerber and heard keynote speaker Rick Long of PEI discuss the future of UST systems and the effects of ethanol on these systems. Conference attendees also received a sum-mary of the KPMA’s research study about the state of the petroleum industry in Kentucky, presented by researchers from the University of Kentucky Trans-portation Center.

Tank Excellence in Compliance (TEC) Awards Presented at the Tank & Technical ConferenceThe KPMA partnered with the Kentucky Underground Storage Tank Branch (USTB) to create a program with the purpose of recognizing Kentucky businesses that have shown excellence in compliance. The USTB selected the 2015 winners. Congratulations to:

• Overall Outstanding Facility: Hawkstone Associates Inc. • Small Facility Owner: Bob & Ann’s Market - Sedalia, KY• Medium Facility Owner: Hawkstone Associates Inc.• Large Facility Owner: John W. Clark Oil Company

RTAC Committee Members Mark Sweet, Shield Environmental, ChairMike Connor, Southern EnvironmentalBarry Eveland, Rocket OilTom Fassas, Petro-ToweryRic Federico, EnSafeChaz Herd, Southern Petroleum ServicesKeith Howard, Valor OilLarry Owens, Lykins EnergyChris Stratman, Heritage Petroleum


Marketing Committee

Marketing Matters2015 ushered in many new changes for the KPMA led by the Marketing Committee. The introduction of new marketing materials, events, and support continues to move the KPMA forward.

kpma.orgWorking to advance the association with updated marketing, the KPMA also launched a new website, kpma.org. The new website not only has an updated, contemporary feel, but also effi ciently communicates timely information and event photos.

March Madness at M-PACTThe new website was heavily featured in the KPMA’s booth design at M-PACT and had the exhibit fl oor buzzing throughout the show. The KPMA booth was a runaway hit and included a pop-a-shot challenge to celebrate March Madness and the Commonwealth’s rich tradition in college basketball.

KPMA Road TripThe Marketing Committee intro-duced a new networking event in May, the KPMA Road Trip. The new event offered opportunities for members to see and enjoy some local Kentucky treasures. 2015’s road trip featured a tour and sampling of Four Roses Distillery and lunch catered by Lexington’s Bourbon and Toulouse restau-rant. During lunch, Ed Winner, Kentucky’s UST Branch Manager, updated the group on activities in Frankfort. Next, the group traveled to Equus Run Vineyards in Midway for a private tour and sampling. The after-noon ended at West 6th Brewery in Lexington where attendees socialized over local craft beer selections.

KPMA/IPCA Fall Meeting2015 also marked the continuation of the KPMA/IPCA Fall Meeting as the event drew a record number of attendees for Kentucky. Between the two states, more than 150 members were in attendance. Members experienced beautiful weather and live music performed by KPMA’s own band, The Fuel Brothers. The KPMA and IPCA gave out over $3,000 worth of prizes following the golf tournament and sporting clays shoot.

KPMA Day at the RacesIn the fall, the KPMA hosted its annual Day at the Races at the famed Keeneland racetrack in Lexington. Members in attendance enjoyed a full buffet and private dining experience in the Phoenix Room. Members shared betting strategies for the races and several walked away with winnings!

Marketing Committee Members:Richard Johnson, Johnson Legal Network PLLC, ChairLibby McCarty, Bob Riley Distributors, Inc.Justin Prather, Vivid ImpactAndrew Fore, AdColor Inc.Kurt Netherton, Assured Neace LukensFabby Singh, Zenith Petroleum


Financially Responsible2015 was another fi nancially successful year for the KPMA with net income once again fi nishing the year positive and better than budget. With the addition of the Tech Conference and the Alabama TOOLS Book project, the KPMA was able to achieve over $100k in Net Income which was added to the Net Asset (Equity) balance to start 2016. Buoyed by several new mem-bers, overall dues revenue also fi nished better than budget and 2014. The net asset balance remains over 100% of annual operating expenses (Note: An average for associations of like size is approximately 64% per the American Society of Association Executives). For the third year in a row, the KPMA received a clean, un-qualifi ed audit from the accounting fi rm Dean Dorton.

Contract Extension with Associations International , LLCPursuant to a management agreement, Associations International, LLC (AI) provides management, adminis-trative and promotional services and facilities that are appropriate and necessary to carry out the KPMA’s non-profi t operations, objectives and goals. Based on AI’s performance, the KPMA Board approved the extension of the management contract with AI for fi ve additional years. The new contract end date is June 30, 2020.

Investment ManagementOne of the major initiatives over the course of 2015 for the Finance Committee included a restructuring of the KPMA investment accounts. The committee made the recommendation to the Board of Directors to move our investments from a discretionary to a non-discretionary option. The change in strategy included a reduction of fees paid by the KPMA to our investment fi rm, UBS. The board passed the motion to change investment strategies in the fourth quarter of 2015.

2016 BudgetThe 2016 Budget was reviewed by the fi nance com-mittee and submitted for Board approval in the De-cember 2015 board meeting.

Finance Committee Members Michael Hardy, Hardy Oil, ChairJosh Emmick, Valor OilBeth Gallic, C.L. McBrideScott Kiser, Woodford OilKris Matre, Marathon Petroleum CorporationJonathan Butcher, ex offi cio, UBSBill Kohm, ex offi cio, Dean Dorton Allen Ford

Finance Committee


2015 AuditFinancials

Statement of Financial Position Year ended December 31, 2015

Assets Cash and cash equivalents $109,270Investments $624,313Accounts Receivable: Membership Dues $81,583 Conference $25,600 Other $11,055 Total Accounts Receivable $118,238Inventory $3,277Prepaid Expenses $4,909Website Development Costs $7,222 Total Assets $867,229 Liabilites and Net Assets Accounts Payable $9,316Deferred Revenue: Membership Dues $197,141 Conference $33,000 Total Deferred Revenue $230,141 Total Liabilities $239,457 Unrestricted net assets $627,772 Total Liabilites and Net Assets $867,229 Statement of Activities Year ended December 31, 2015 Changes in unrestricted net assets Revenues: Conferences $227,671 Membership Dues $197,299 Education Programs and Products $39,185 NORA Income $82,633 Administrative Income $41,270 Investment (loss) Income -$1,175 Royalty Income $24,609 Total Revenue $611,492 Expenses: Program Expenses Conferences $60,343 Education Programs and Products $14,272 NORA Expenses $82,633Administrative Expenses Management Fee and Incentive Expense $230,981 Marketing, Promotion & Industry Support $90,102 Other $30,834 Depreciation $2,778 Investment Expenses $5,668 Total Expenses $517,611 Change in Unrestricted Net Assets $93,881Net Assets, Beginning of Year $533,891Net Assets, End of Year $627,772

Audit performed by Dean Dorton


SuccessFUEL2015 was a SuccessFUEL year for the Membership Committee! A new recruiting campaign, “Success-FUEL” lead the charge to a banner year for recent enrollment efforts.

An initiative of the Membership Committee, the SuccessFUEL recruitment contest was launched in early 2015. The winner, Tom Eveland of Rocket Oil Company, was awarded the fi rst annual SuccessFUEL trophy for his outstanding recruitment efforts. Jay Hall of Thoroughbred Energy placed second in the competition.

New KPMA Members in 2015:

Anderson Precision MaintenanceBeach Oil CompanyBioenergy Development Group LLCBluegrass Tank & EquipmentC & M Petroleum Services LLCCitizens Bank - Convenience & Retail Fuel Finance GroupClean Fuels NationalEby-BrownEstepp EnergyExit Realty CrutcherFacility Solutions Group (FSG)First RegentsHeritage PetroleumJ & M Monitoring IncLubriformance, LLCModern Distributors, Inc.National Biodiesel Board - Bioheat

You BelongA new KPMA membership brochure also fueled recruitment efforts in 2015. The Membership Com-mittee guided staff to develop a new brochure with the theme “You Belong.” The You Belong brochure introduces prospective members to the benefi ts of membership and encourages current members to be engaged throughout the year. Be connected. Be edu-cated. Be informed. Be heard. Be involved. Be a part of the Kentucky Petroleum Marketers Association!

Membership Committee Members Alex Fassas, Red Hed Oil, ChairJohn Austin, Modern WeldingMatt Jagusak, ADD SystemsJoe Kemp, Federated InsuranceMark Radosevich, PetroActiveTom Rogers, S Abraham & Sons

MembershipCommittee

Nationwide AgribusinessPaula WyattPolar Service CentersPro Comp Services, LLCSeay Oil CompanySeneca Companies, IncSuntec IndustriesTanknologyTremcar USAZenith Petroleum


2015 KPMALeadership

ChairmanJay HallThoroughbred Energy, LLCLexington, Kentucky

Vice ChairmanTom EvelandRocket Oil CompanyMadisonville, Kentucky

Secretary/TreasurerMichael HardyHardy Oil CompanyIrvine, Kentucky

Immediate Past ChairmanBob RileyBob Riley Distributors, Inc.Richmond, Kentucky

PMAA DirectorMichael Smith IIJSC Terminal LLC DBA Midwest TerminalPaducah, Kentucky

Executive DirectorBrian ClarkKPMALexington, Kentucky

Marketing ManagerAndrew PulliamKPMALexington, Kentucky

Membership ManagerAmy PageKPMALexington, Kentucky

KPMA Board of Directors

Jonathan Arnett, Southern Petroleum, Inc

Brent Clark, John W. Clark Oil Company

Rayburn Doss, Doss-Fuelco, Inc.

Gary Emmick, Valor Oil

Alex Fassas, Red Hed Oil Company

Beth Gallic, C.L. McBride Company

Steve Harper, Harper Oil Products, Inc.

Richard Johnson, Johnson Legal Network PLLC

Charles Key, Keystops, LLC

Scott Kiser, Woodford Oil Company

Gary Logan, Max Arnold & Sons, LLC

Jeff Lykins, Lykins Energy Solutions

Kris Matre, Marathon Petroleum Corporation

Jack Newcomb, Newcomb Oil Company

Michael Smith II, JSC Terminal LLC DBA Midwest Terminal

Mark Sweet, Shield Environmental Associates, Inc.

Leah Taylor, Cumberland Lake Shell


2015 KPMA MembershipMarketer Members

A & B Quick StopA & M Oil CompanyA.L. Johnson Distributor, LLCAction Petroleum Company, LtdAlbert OilBelleview Oil LLCBob Riley Distributors, IncBrowning Oil CompanyBullock Oil Company, IncC & S, Inc.C.E. Taylor Oil, Inc.Childers Oil CompanyCircle K Midwest DivisionCumberland Lake ShellDoss-Fuelco, IncEstepp EnergyGo Mart, IncGould Oil Company, IncGrant County Oil CompanyHardy Oil CompanyHarper Oil Products, IncHazard Petroleum Co., IncHeritage PetroleumHome Oil & Gas CompanyHouse Oil CompanyJ. Follace Oil Co, IncJohn W. Clark Oil CompanyJSC Terminal LLC Dba Midwest TerminalKentucky Lake Oil Company, IncKentucky Oil & Refi ningKentucky Petroleum SupplyKeystops, LLCKroger Limited Partnership #1Licking Valley Oil, IncLykins Energy SolutionsMax Arnold & Sons, LLCNewcomb Oil CompanyPalmer Oil CompanyPerry Oil CompanyQualls Oil CompanyRed Hed Oil CompanyRenewable Energy GroupRocket Oil Company

Seay Oil CompanySouthern Petroleum, IncSpeedway LLCThe Pantry, Inc.Thorntons IncThoroughbred Energy, LLCTri County Auto and OilTriumph Energy CorporationUS OilValor OilWatts Oil CompanyWheeler-Clevenger Oil CompanyWhite Oil Company, LLCWoodford Oil CompanyWorkman Oil Company

Convenience Store Members

Beach Oil CompanyCoach Stop Country StoreCox Oil Company, IncPaula WyattZenith Petroleum

Supplier Members

BP Products N.A., Inc.CITGO Petroleum CompanyContinental Refi ning CompanyExxonMobil Fuels Marketing Corp.Gulf Oil LPMarathon Petroleum Company LPPMOCO The Spirit® BrandShell Oil Products USValero Marketing And Supply

Associate Members

4thRight TechnologiesAdColor Inc.ADD SystemsAltria Client Services, LLCAnderson Precision MaintenanceANS Distributing


Anthem BCBSArgus MediaAssured Neace LukensAtlantic Clean FuelBioenergy Development Group LLCBluegrass Tank & EquipmentC & M Petroleum Services LLCC & S Canopy, IncC.L. Mcbride CompanyCedar Creek Engineering, Inc.Chapman Canopy, IncChase Environmental Group, IncCitizens Bank - Convenience & Retail Fuel Finance GroupClark Brands, LLCClean Fuels NationalCore MarkD.R. Mozeley, Inc General ConstructionDean Dorton Allen Ford, PLLC Dickey Consumer Products, Inc, Dba DMD PharmaceuticalsEagle Transport Corp.Eby-BrownEnSafe Inc.ET ProductsExit Realty CrutcherFacility Solutions Group (FSG)Fauste Oil Services, IncFazoli’s Franchising Systems, LLCFederated Insurance CoFirst RegentsGeoscience Consultants, IncGovernment StrategiesHarrell’s Car Wash SystemsHarry Grau & Sons, IncHeil Tank ServiceHensley, Elam & AssociatesHinderliter Construction, Inc.Hinkle-Meyer Environmental Services, LLCHunter Pump IslandsINTL FCStone Inc.Irvington Gas Company IncJ & M Monitoring IncJohnson Legal Network PLLCJones & FrankKPS Services, LLCLewis Transport, IncLubriformance LLCLundberg Survey, IncMatrix Capital Markets Group, Inc.Mid South Steel ProductsMid-Valley SupplyModern Distributors, Inc.Modern Welding Company Of Owensboro, IncMTG InsuranceNational Biodiesel Board - Bioheat

Nationwide AgribusinessOld National InsurancePerfection Petroleum Services, IncPERSPetro Haulers Inc.Petro Towery, Inc. Petroactive Real Estate Services, LLCPetroleum Card ServicesPetroleum Transport CompanyPolar Service CentersPowell Walton Milward, a Division Of J. Smith Lanier & CoPro Comp Services, LLCPure Oil Jobbers Cooperative, IncRBM CompanyRJ ReynoldsS. Abraham & SonsSchaeffer Fuel AdditivesSeneca Companies, IncService Welding & Machine CompanyShatterboxShield Environmental Associates, IncSMR Environmental Services, LLCSouthern Environmental ServicesSouthern Services, Inc. Southern Tank & Mfg Co, IncStanwade Tanks & EquipmentSuntec IndustriesTanknologyThe H.T. Hackney CoThe Hartfi eld Company, Inc.TopiczTotal Security SolutionsTremcar USAUBS Financial ServicesUsher Transport, IncVivid ImpactWorldpay

14 • KPMA • Annual Report • 2015 ...2015events of note

KPMA presents Dan GIlligan, PMAA President,

with a letterman jacket com-memorating his retirement.

Jan. 21, 2015

JanuaryFebruary

July

August

SeptemberOctober

Gov Beshear declares Statewide Emergency in

response to winter storm.February 16, 2015

Gov Beshear declares

the second Statewide Emergency

March 5, 2015

Governor Beshear designates September 2015 “We Card

Awareness Month”September 2, 2015

A

U.S. EPA issues fi nal underground storage tank requirements. July 15, 2015

KPMA hosted it’s annual Day at the Races, as 40 members gathered at Keeneland. October 8, 2015

Members experienced beautiful weather and live music during this

years joint fall meeting with IPCA. Between the two states there were over

150 members in attendance. September 14-15, 2015

The Fuel Brothers reunited and planned

to perform at the Fall Meeting.


March April

June

November

December

Steve Purpora was on hand for KPMA’s fi rst Fuel School of 2015. April 15, 2015

KPMA staff and members were on hand at the NACS Industry Luncheon.NACS

president Hank Armor spoke of the challenges

that c-store owners and the industry faces in the coming

years.April 17, 2015

Kevin Henderson returned to the Bluegrass

for the second KPMA Fuel

School of the year.

May 13, 2015

The Kentucky Petroleum Marketers

Political Action Com-mittee (KPM PAC) was

registered. May 5, 2015

The fi nal KPMA Fuel School for the year fi nished up with a packed

house.June 3, 2015. Speakers were Steve Howell, and

Michael Vanover.

Tom Eveland, Rocket Oil, was named the fi rst

SuccessFUEL winner.

June 22, 2015Members loaded the bus

for KPMA’s fi rst ever Road Trip.

May 20, 2015

Cinnabon President, Kat Cole captivates luncheon audience at M-PACT 2015. March 25, 2015

May

KPMA hosted its 2nd annual Tank & Technical Conference to rave reviews. November 4, 2015

Magazine Refresh, Passport 2016 Development,

Sponsorship, Dues Renewals and the Board approved the 2016 Budget.

KPMA launches heatingkentucky.org


NORA & Bioheat2015 NORA Reauthorized with a 5-Year Extension A highpoint of 2015 included the PMAA legislative priority to reauthorize the National Oilheat Research Alliance (NORA) program with a 5 year extension. In 2015, the checkoff program contributed over $100,000 to the KPMA with the purpose of supporting the Oilheat industry in Kentucky. The funds were used in a vari-ety of ways such as:

• Outreach • Education• Research• Administration

The State of Our Industry: An Impactful StudyThe KPMA commissioned the Kentucky Transporta-tion Center at the University of Kentucky to conduct a research study with a focus on two primary activities: 1) gathering and synthesizing petroleum related data and 2) developing a database of convenience stores and fuel wholesalers in Kentucky. The data showed that the petroleum industry in Kentucky employed 41,936 workers in 2012 and had over 2,800 establish-ments across the Commonwealth. Total payrolls for the industry in 2012 were over $831 million, repre-senting a signifi cant employment and economic impact in Kentucky. In fact, our industry’s employees were responsible for over $40 million in state income tax. Follow up research will use this study as a benchmark to forecast trends in our industry.

NORA Heats Up the Central Kentucky Home & Garden ShowIn April, the KPMA used NORA funding to educate the public on the entry of BioHeat as an alternative home heating option at the 40th Annual Central Kentucky Home and Garden Show in Lexington. Scott Hacker from Woodford Oil was on hand to answer consumer questions about the benefi ts of BioHeat. Consumers were eager to learn about a new home heating option and were encouraged to learn more by visiting www.heatingkentucky.com.

Educating MembersFunding from the NORA checkoff program provid-ed several speakers throughout the year to update members on new products and trends in the Oilheat industry, including:• Rich Sweetser of Exergy Partners on “Winning the

Future of Biofuels” at the Winter Seminar in Key West, FL

• Aron Patrick of the Kentucky Energy and Environ-ment Cabinet on the Energy Market in Kentucky at the Fall Meeting at Belterra in Indiana

• Dr. Bryan Gibson and Dr. Andrew Martin, both of the Kentucky Transportation Center at the Uni-versity of Kentucky presenting the results of the research study at the Tank & Technical Conference in Lexington


Steady Growth...In the midst of distruptive mergers and acquisitions, the U.S. convenience

industry store count increased again in 2015

This information was reproduced with permission from NACS: The National Association of Convenience & Fuel Retailing; nacsonline.com


Thank you to our 2015 Sponsors



Kentucky Petroleum Marketers Association2365 Harrodsburg Rd. Suite A325Lexington, KY [email protected]

Documents

2015 KPMA Annual Report